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20121228
20121228
Search Results 0 to 6 of about 7 (some duplicates have been removed)
charges, but no agreement in sight. that, in short, summed up the state of affairs in washington today as the fiscal cliff deadline loomed, january first. it would mean more than $600 billion in across-the-board tax increases and automatic spending cuts. >> come the first of this year, americans will have less income than they have today. if we go over the cliff, and it looks like that's where we're headed. >> warner: this morning, the senate's democratic majority leader, harry reid, was blunt about chances for a deal. and he blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opposition in republican ranks, he pulled it, and sent the house home for the holiday. reid charged today politics explained why the speaker had not yet called the house back. >> john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial footing. it's obvious what's going on. he's waiting until january 3 to get reelected to speaker before he gets serious about negotiatio
falling as concern mounts that washington will fail to get a budget deal. the dow jones industrial average lost 158 points today, to close at 12,938. the nasdaq fell 25 points to close at 2,960. for the week, both the dow and the nasdaq fell 2%. sectarian tensions flared across iraq today as tens of thousands of sunnis staged mass protests against the shi-ite-led government. there were rallies in fallujah and ramadi, where protests already had erupted earlier this week. today, mosul, tikrit and samarra had demonstrations as well. protesters took to the streets waving flags and signs. they chanted slogans demanding fair treatment from the baghdad regime, and the release of sunni prisoners. shi-ite prime minister nouri al-maliki said the demonstrations were not acceptable. the government of china imposed tighter controls on internet usage today. now, china's 500 million web users will have to provide their real names when they register for internet service. and providers must delete any web content deemed illegal, and report it to authorities. leading writers and bloggers insisted it's a ne
in washington. markets rallied on news the house will come back to work on sunday, even though there is no solution ready for lawmakers when they return. and in the senate, which is back at work, republican leader mitch mcconnell warned he would not write a blank check to the white house, though he said he would keep an open mind on anything the president proposes. >> it appears to me the action, if there is any, is now in the senate side and we'll just have to see if we're able, on a bipartisan basis to move forward. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd. he meaning the speaker. so it's very clear now mr. presi
and they are not even in washington yet. >> is that january 1st deadline set in stone? are they locked into it? must it happen? presumably you have a couple of days for people in different bits of government are signing the relevant paper work to do what they have to do with the rate of tax people pay. >> there is an immediate payroll tax hike for americans as soon as the new year begins. people see a deflation in their budgets unless the process can be reversed and the spending plans are agreed upon. this is a militarily misleading term. this is a slope or a slide. these are tax increases and spending cuts that were involved and will be felt over a couple of months and so will their economic impact. if this happens and the fiscal cliff is not averted, america will go into recession immediately, that is not the case. there is the government demand over coming months which has the potential to have a recession of 2013. if taxes go up, they may cut back on their spending. this is likely to have a damaging effect. >> you will keep us posted. it has been a bleak midwinter across the u.s.. this has broug
very geospecific peach that grows in eastern washington. so they're trying to say don't let our biodiversity shrink to make it more efficient. let's keep biodiversity as an important thing and help promulgate and keep these things going by supporting them, creating a market for them and helping to get to the place. so that's what slow food is. >> the fact that you're no longer in the kitchen much, that you're an entrepreneur, does that mean the restaurant is not really yours anymore? >> no, as alain ducass once told me, "i 'nam all the kitchens all the time." ducasse. and he's got more than me. >> rose: this is a guy who survived a plane crash, by the way. >> i would say my philosophy and the people i have trained to work with me represent exactly a group effort of what we think a great restaurant should be. my influence is there a so they wouldn't put things on the menu that i wouldn't approve of and i go to all the restaurants in new york at least two or three times a week. >> rose: two or three times a week? >> for a couple hours. i have eight in a new york. >> rose: so you'r
Search Results 0 to 6 of about 7 (some duplicates have been removed)